YES BANK pursues a strong Employee Value Proposition of ‘Creating & Sharing Value’,with a vision to build an organisation, driven by Professional Entrepreneurship,where all YES BANK’ers truly partner to direct,manage and accelerate the development of YES BANK as the Young and Dynamic Bank of “Emerging India”.
YES BANK recognizes that the only real source of sustainable competitive advantage for an organization is the power of its High Quality Human Capital. Therefore, we foster a leadership mindset that embraces meritocracy as a vital force to reward performance and exceptional competency.
The focus of the Human Capital function at YES BANK is to build a world-class team, based on professional recruitment methodologies, and attract the best talent in the industry.
While our immediate hiring has primarily been lateral, to bring the relevant skills, competencies and experience into the organization, our focus is on building the requisite talent bench strength to support the business plans of the Bank. We are making a concerted effort towards building learning and development solutions that continuously enhance employee value, in line with the growth plans of the Bank.
Our Culture & Processes
Building a high performance culture is another key prerogative of the HR function. We envisage a credible and transparent performance management process that helps in aligning individual goals with corporate objectives, both quantitative and qualitative, and encourages cross sell and team spirit. Our performance management process will be supported by a robust rewards and recognition strategy for each business and a market based compensation structure that is flexible, responsive and helps retention through asset building and wealth creation for top performers. Our Promoters believe that a broad employee ownership of the shares of the company has a positive impact on performance. Therefore, our stock option scheme covers a large cross-section of our employees.
The HR function at YES BANK is working closely with leading international consultants, including Hewitt and Korn Ferry,to operationalize this strategy and ensure that the organizational architecture of the Bank is operational and adequately supports its business plans.
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